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2018-04-12 08:22:13

08:22

04/12/18

04/12

08:22

04/12/18

08:22

Futures rebound as geopolitical tensions ease

Stock futures are seeing a bit of a rebound from yesterday after concerns were raised the U.S. would intervene in Syria following a tweet from the President. The tensions raised the price of oil to a three-month high. The Fed's minutes from its last FOMC meeting revealed the Fed was concerned with a trade war and its effect on GDP, while also stating that they see progress on inflation returning to the bank's target rate. This morning, investors will be watching the weekly jobless claims and the natural gas inventory report. In pre-market trading, Dow futures are 138 points above fair value, Nasdaq futures are 38 points above fair value and S&P futures are 12 points above fair value.